Investments in tourism in Latin America and the Caribbean are

Investments in tourism in Latin America and the Caribbean are encouraged at Fitur

As part of the International Tourism Fair (Fitur), which will be held in Madrid until January 23, they announced that they will prepare a set of general guidelines for tourism investments for five countries of the continent: Ecuador, Uruguay, Panama, El Salvador and Barbados.

On the other hand, the two organizations will work together to attract foreign direct investment for sustainable tourism initiatives in Latin America, with a commitment to “accelerate economic recovery and promote sustainability and resilience across the sector.”

During the presentation of the initiative, CAF Executive President Sergio Díaz-Granados underlined that the institution he chairs is the first multilateral institution to sign the Glasgow Declaration on Climate Action in Tourism.

In addition, he assured that the new alliance with the UNWTO will allow them to promote more sustainable and regenerative tourism in the Latin American region.

In this regard, UNWTO Secretary-General Zurab Pololikashvili pointed out that the main objectives are to boost tourism investment in the region and, above all, “to direct it to projects and initiatives that make the biggest difference”.

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